Greek developer REDS submitted the highest bid for the former former U.S. military base just outside Heraklion, Crete.
This week the fourth stakeholders’ meeting of the BRANDTour project addressed further actions and good practices for propelling experiential tourism on Crete.
In news from Crete, the development of a former U.S. military base in Gournes near Heraklion is set to roll out. Investors in what will be a project similar to the Elliniko state sell-off fund TAIPED for the Athens airport are ready to invest hundreds of millions in the project.
News Saudi Prince Al-Waleed bin Talal is interested in Crete as a touristic development bears mixed blessings. The prince, who’s transformed every place he’s invested in quite literally, says he wants to develop the island of Dia, just off Heraklion. But Crete is a special case study in protected antiquity, and Dia may hold secretes the Greeks don”t want destroyed by overzealous development.